Based on data collected by Apartment List, Inc., the prices renters pay in Tallahassee increased by 0.3% over the past month, and year-over-year rent growth was at 2.5%.
The table below shows information for 10 Florida cities.
The data shows that 1-bedrooms in Tallahassee have a median rent of $650, while 2-bedrooms cost $800. Tallahassee has the 10th highest rents in Florida.
Miami is the most expensive city for renters in Florida where 2-bedrooms rent for $2,500, and 1-bedrooms have a median rent of $1,950. Miami rents have decreased by 1.4% over the past year.
Port St. Lucie shows the fastest-growing rents which have experienced a 7.1% increase over the past year. A 2-bedroom in Port St. Lucie costs $1,300, and 1-bedrooms have a median rent of $1,000.
Orlando rents have grown by 5.2% in the past year, the 2nd highest year-over-year rent growth in the state with 1- and 2-bedrooms coming at $1,150 and $1,300, respectively.
Methodology:
Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.
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